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healthcare business intelligence market Segmentation, Dynamics, Market Size, Supply & Demand, Competition & Companies, Drivers, Restraints and Technology

Market Analysis 

 

The global healthcare business intelligence market size had been valued at USD 3,650 million in 2017 and is anticipated to develop at a 15.5% CAGR between 2018- 2023. Healthcare business intelligence, simply put, is the analysis, aggregation, and usage of non-traditional, operational, financial, and clinical data that are captured from external and internal healthcare setting sources for making effective decision-making. Some of its key applications include healthcare management analysis, clinical intelligence analysis, clinical business intelligence in healthcare, and more.

 

Market Drivers and Restraints 

 

Various factors are propelling the global healthcare business intelligence market growth. As per the latest MRFR report, such factors include the rising adoption of decision-making that is data-driven, increase in patient registries, growing demand to improve patient outcomes, growing demand to curb healthcare expenditure, and the emergence of big data in healthcare industry.

 

On the contrary, the need for high investments in the business intelligence industry, impact of COVID-19, and the complexity of systems are factors that may limit the global healthcare business intelligence market growth over the forecast period.

 

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Market Segmentation

 

The MRFR report offers an inclusive segmental analysis of the healthcare business intelligence market report based on end user, application, deployment model, function, and component.

 

By component, the healthcare business intelligence market is segmented into services, software, and platforms. Among these, platforms will lead the market over the forecast period.

 

By function, the healthcare business intelligence market is segmented into query and reporting, performance management, and OLAP visualization.

 

By application, the healthcare business intelligence market is segmented into operational analysis, clinical analysis, and financial analysis. Financial analysis is further sub-segmented into waste, fraud, and abuse risk adjustment assessment, payment integrity, revenue cycle management, and claims processing. Clinical analysis is further segmented into precision health, comparative analytics/effectiveness, regulatory reporting compliance, clinical decision support, and quality improvement clinical benchmarking. Operational analysis is further segmented into strategic analysis, workforce analysis, and inventory analysis.

 

By deployment model, the healthcare business intelligence market is segmented into hybrid, on-premise, and cloud-based.

 

By end user, the healthcare business intelligence market is segmented into providers, payers, and others.

 

Regional Analysis

 

Based on the region, the healthcare business intelligence market report covers recent trends and growth opportunities across the Americas, Europe, the Asia Pacific (APAC), the Middle East and Africa. Of these, the Americas will spearhead the market over the forecast period. Emerging fields of predictive prescriptive analytics, increasing use of decision-making that is data-driven, and the presence of sophisticated healthcare infrastructure service and software vendors are adding to the global healthcare business intelligence market growth in the region.

 

The global healthcare business intelligence market in Europe is predicted to hold the second-largest share over the forecast period. The presence of leading vendors, increasing use of innovative medical technologies, and rising healthcare vertical are adding to the global healthcare business intelligence market growth in the region.

 

The global healthcare business intelligence market in the APAC region is predicted to grow at a fast pace over the forecast period. Increasing number of start-ups laying emphasis on mobile application development, rapid industrialization in Japan, India, and China, growing investment in healthcare infrastructure, and rising penetration of the internet and smartphones are adding to the global healthcare business intelligence market growth in the region.

 

The global healthcare business intelligence market in the MEA is predicted to have the smallest share over the forecast period. A major market share is held in the Eastern region for the paramount importance of business intelligence analytics solutions in the GCC countries.

 

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Key Players

 

Notable players profiled in the global healthcare business intelligence market report include BOARD International S.A., Yellowfin International Pty Ltd, Sisense, Information Builders, Qlik Technologies, MicroStrategy Incorporated, Tableau Software, SAS Institute, Oracle Corporation, SAP SE, International Business Machines Corporation, and Microsoft Corporation.

 

digital diabetes management Market : Key Growth Factor, Industry Analysis 2019 – 2027

Market Highlights

The digital diabetes management provide a platform that simplify the tracking of diabetes data. It helps Type 1 and Type 2 diabetes patients to manage blood test results from a glucose meter, records of actual insulin delivery, statistical evaluation.

The increasing prevalence of diabetes, technological advancements, rising demand for selfcare, and involvement of major players in product launch, collaboration, and strategic merger acquisitions are the major factors driving the growth of the global digital diabetes management market. Additionally, increasing research and development spending by the top players are fueling the growth of the market during forecast period. For instance, in 2017, Medtronic introduce MiniMed 670G first hybrid closed loop system for type 1 diabetes patients. Also, in 2018, Roche Diagnostics and Wellthy Therapeutics Private Limited (India) signed a partnership for offering an artificial intelligence-based digital diabetes coaching solution for users of the Accu-Chek Active system.

However, the high cost associated with homecare devices and lack of awareness may hamper the growth of the market during the assessment period.

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Regional Analysis

The market is likely to dominate by Americas during the forecast period owing to the advancement in technology, and favorable reimbursement policies. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, coupled with increasing research and development. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to increasing investments in healthcare, rising number of the diabetes patient, expansions strategy by market players in the region, and favorable government initiatives for healthcare facilities. The market in the Middle East Africa is likely to account for the smallest share of the global digital diabetes management market.

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Segmentation

The global digital diabetes management market has been segmented on the basis of type, product and services, end user, and region.

On the basis of type, the market has been classified as wearable devices and handheld devices. Based on product and service market has been classified into devices, data management software and platforms, digital diabetes management apps, and services. The devices have been sub- segmented into smart glucose meters, smart insulin pens, continuous glucose monitoring systems, smart insulin pumps/closed loop systems smart insulin patches. However, the digital diabetes management apps have been further classified into weight diet management apps and diabetes blood glucose tracking apps. The market by end user, has been segmented into homecare, hospitals specialty diabetes clinics, academic research institutes, and others. By type, the wearable devices segment is likely to hold the major market share of the digital diabetes management market during the forecast period owing to technical advancement. Also, homecare segment, by end user holds the major market share in the global digital diabetes management market during the forecast period.

Key Players

Some of the key players in the global digital diabetes management market are Abbott Laboratories, Agamatrix, Inc., Ascensia Diabetes Care Holdings Ag., B. Braun Melsungen AG, Dariohealth Corporation, Dexcom, Inc., F. Hoffmann-La Roche, Glooko, Inc., Insulet Corporation, Lifescan, Inc., Medtronic PLC, Tandem Diabetes Care, Inc., Tidepool, and others.

 

clinical alarm management market Overview, Dynamics, Growth Factors for Business Expansion, Key Companies, Trends and Forecast 2027

Market Highlights

The global clinical alarm management market is expected to register a CAGR of 30.4% during the forecast period of 2018 to 2023.

Clinical alarm is an essential facility that are followed and undertaken in various healthcare centers. These devices help to create a connection between the patient and healthcare staff.

There is a high demand of clinical alarm management in hospitals, clinics, intensive care units (ICU), and other healthcare facilities. The key factors contributing for the market growth are growing awareness about the patient safety, rising demand for best practices in hospitals and healthcare centers, and rising government regulation regarding patient safety boosts the market growth.

However, the problem associated clinical alarm such as noise fatigue, sleep disruption which creates an unpleasant environment for patients, staff and families and also the unstandardized integrated alarm systems affects the market the growth.

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Segmentation

The global clinical alarm management market is segmented on the basis of product, component and end user.

On the basis of the product, the global clinical alarm management market is categorized into nurse call systems, physiological monitors, EMR integration systems, bed alarms, ventilators, mobility solutions, central monitoring systems and clinical decision support tools.

On the basis of the component, the global clinical alarm management market is segmented into solutions and services.

On the basis of the end user, the market is segmented into hospitals, long-term care centers and ambulatory care centers home care settings.

On the bases of region, the market is segmented into Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is expected to hold the largest market share and the Middle East and Africa with the low market share during the forecasted period.

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Regional Analysis

The Americas dominate the global clinical alarm management market. Increasing healthcare infrastructure, rising awareness about the patient safety methods and innovation by healthcare companies drives the market growth within the region.

 Europe is second in the global clinical alarm management market owing to increasing government support for healthcare sector and the awareness programs about the clinical alarms conducted by different foundation contributors in promoting the market across the globe.

 Asia Pacific region is the fastest growing market owing to the increasing patient population, rising demand for various healthcare facilities for better treatment and increasing healthcare expenditure drives the market with the region. The Middle East Africa has the least share in the global clinical alarm management market owing to the presence of poor economies and low per capita income, especially in the African region.

Key Players

Koninklijke Philips N.V., Medtronic, Baxter, Vocera Communications, Mindray Medical International, GE Healthcare, Ascom Holdings, Spok, Inc. (Subsidiary of Spok Holdings, Inc.), Masimo, Connexall, Drager, Bernoulli Enterprise, Inc., Capsule Technologie (Subsidiary of Qualcomm Life, Inc.), Mobile Heartbeat (Subsidiary of Hospital Corporation of America) are some of the major players for global clinical alarm management market.

 

albumin (as excipient) market: Historical, Current and Projected Market Size, Competitive landscape & Forecast 2027

Market Highlights

The global albumin (as excipient) market is expected to grow at an approximate CAGR of 6.1% during forecast period, 2018–2023.

Rising adoption of recombinant albumin-based drug delivery systems by pharmaceutical and biotechnology companies is one of the key factors driving the albumin (as excipient) market. For instance, in 2014, Novozymes Biopharma DK A/S announced that its albumin-based VELTIS technology is used by GlaxoSmithKline plc in the manufacturing of type II diabetes drug (Tanzeum and Eperzan) in Europe.

Various other factors such as increasing prevalence of chronic conditions, technological advancements, emerging markets in APAC and RoW, rising awareness about albumin as excipient, and increase in usage of albumin for non-therapeutic applications are also expected to propel the growth of the market.

However, the adverse reactions associated with albumin, rising shift toward serum-free solutions, and unfavorable reimbursement policies can hamper the market growth over the forecast period.

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Segmentation

The global albumin (as excipient) market is segmented based on type, application, end user, and region.

The global market for albumin (as excipient), by type is segmented into human serum albumin, bovine serum albumin, and recombinant albumin. The human serum albumin segment is anticipated to hold the largest market share owing to the increasing cases of chronic conditions such as, cardiac disorders, infectious diseases, and others.

Based on application, the market is segmented into drug formulation, drug delivery, vaccines, medical device coating, culture media & stabilizers, diagnostics, in vitro fertilization, and others.

Based on end user, the market is segmented into pharmaceutical & biotechnology industry, academic and research institutes, and others.

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Regional Analysis

The Americas dominated the global market for albumin (as excipient) owing to the rising R&D investments and increasing prevalence of diabetes within the region. According to the 2015 data suggested by the Centres for Disease Control and Prevention (CDC), around 30.3 million Americans were suffering from diabetes.

In 2017, it was estimated that Europe stood second in the global albumin (as excipient) market. This can be attributed to the increasing technological advancements, and rising participation of market players. For instance, in 2016, a Denmark based company, Novozymes launched its recombinant albumin business as a new independent called Albumedix.

Asia Pacific was projected to be the fastest growing region in 2017. Increasing healthcare expenditure drives the regional markets of the Asia Pacific region. As per the data suggested by the Australian Institute of Health and Welfare, from 2015 to 2016, the total health expenditure was USD 181 billion.

On the other hand, the Middle East and Africa held least share in the global albumin (as excipient) market due to inadequate economic development, especially within the African region.

Key Players

Some of the key players in the global albumin (as excipient) market are Albumedix A/S, Albumin Therapeutics, LLC, Baxalta Incorporated, Baxter International Inc., Biotest AG, CSL Behring LLC, Celgene, China Biologic Products, Inc., Grifols International, S.A, HiMedia Laboratories Pvt. Ltd., InVitria, Medxbio Pte Ltd., Mitsubishi Tanabe Pharma Corporation, Octapharma AG, RayBiotech, Inc., SeraCare Life Sciences, Sigma-Aldrich Co. (Merck KGaA), and others.

porcine vaccines market Size: Development, Growth, Trends, Demand, Analysis and Forecast 2027

Market Highlights

The global porcine vaccines market held a market value of USD 1910.7 million in 2017 and is projected to grow at a CAGR of 7.1% over the forecast period. Porcine vaccines aid the swine or hogs suffering from epidemic swine diseases. It also helps in improving overall efficiency in protecting swine from deadly viruses, bacteria and increases the production level of high-quality meat and gelatine. The increasing prevalence of swine diseases such as PED (Porcine Epidemic Diarrhea), PRRS (Porcine Reproductive & Respiratory Syndrome), swine influenza etc. are anticipated to drive the market growth during the forecast period. Additionally, rising number of biotechnology companies, research institutions engaged in research and development of porcine vaccines, and government initiatives for funding agriculture and animal husbandry sector and increasing demand for porcine meat and gelatine are likely to contribute to the market growth. For instance, by the world by per-capita pig meat consumption, US has an average of 64.4 kilos of meat consumed in 2017. According to National Pork Producers Council the pork production has an estimated USD 23.4 billion of gross output nationwide. However, high cost of maintaining vaccines may hamper the market growth during the assessment period.

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Regional Analysis

On regional basis, the Americas is anticipated to dominate the global porcine vaccines market owing to the increasing prevalence of porcine diseases such as PED (Porcine Epidemic Diarrhea), PRRS (Porcine Reproductive & Respiratory Syndrome), swine influenza etc. and rapid increase in pig farms. Additionally, rise in number of contract farming and independent farming for pig cultivation is contributing the market growth. According to The United States Department of Agriculture, National Agricultural Statistics Service “Livestock Slaughter” report, U.S. pork production was around 2 billion pound in 2016. Europe is expected to hold the second largest position in the global porcine vaccines market owing to increasing number of production units for pigs and high consumption of pork meat. The Asia-Pacific region is anticipated to be fastest growing region is due to introduction of new vaccines, initiatives by various government agencies, animal care associations, and incidence of major key players for growth and development in this region. The Middle East & Africa has the least share of the global porcine vaccines market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the agriculture and animal husbandry sector.

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Segmentation

The global porcine vaccines market has been segmented into type, disease indication, and end user.

By type, the market has been segmented into Inactivated vaccines, Live attenuated vaccines, Toxoid vaccines, Recombinant vaccines, Conjugate vaccines, DNA vaccines.

On the basis of disease indication, the global porcine vaccines market has been segmented into PED (Porcine Epidemic Diarrhea), PRRS (Porcine Reproductive & Respiratory Syndrome), Swine influenza, Aujeszky’s disease (AD), Porcine Circovirus Associated Disease (PCVAD) and others.

The global porcine vaccines market, by end user, has been segmented into Veterinary Hospitals and Hog Production Farm.

Key Players

Some of the prominent players in the global porcine vaccines market are Bayer AG, Bimeda, Inc., Boehringer Ingelheim International GmbH, Ceva Sante Animale, Eli Lilly and Company, Merck & Co., Inc., Sanofi S.A., Vetoquinol S.A., Zoetis, Inc., PBS Animal Health, Aptimmune.

porcine vaccines market Size: Development, Growth, Trends, Demand, Analysis and Forecast 2027

Market Highlights

The global porcine vaccines market held a market value of USD 1910.7 million in 2017 and is projected to grow at a CAGR of 7.1% over the forecast period. Porcine vaccines aid the swine or hogs suffering from epidemic swine diseases. It also helps in improving overall efficiency in protecting swine from deadly viruses, bacteria and increases the production level of high-quality meat and gelatine. The increasing prevalence of swine diseases such as PED (Porcine Epidemic Diarrhea), PRRS (Porcine Reproductive & Respiratory Syndrome), swine influenza etc. are anticipated to drive the market growth during the forecast period. Additionally, rising number of biotechnology companies, research institutions engaged in research and development of porcine vaccines, and government initiatives for funding agriculture and animal husbandry sector and increasing demand for porcine meat and gelatine are likely to contribute to the market growth. For instance, by the world by per-capita pig meat consumption, US has an average of 64.4 kilos of meat consumed in 2017. According to National Pork Producers Council the pork production has an estimated USD 23.4 billion of gross output nationwide. However, high cost of maintaining vaccines may hamper the market growth during the assessment period.

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Regional Analysis

On regional basis, the Americas is anticipated to dominate the global porcine vaccines market owing to the increasing prevalence of porcine diseases such as PED (Porcine Epidemic Diarrhea), PRRS (Porcine Reproductive & Respiratory Syndrome), swine influenza etc. and rapid increase in pig farms. Additionally, rise in number of contract farming and independent farming for pig cultivation is contributing the market growth. According to The United States Department of Agriculture, National Agricultural Statistics Service “Livestock Slaughter” report, U.S. pork production was around 2 billion pound in 2016. Europe is expected to hold the second largest position in the global porcine vaccines market owing to increasing number of production units for pigs and high consumption of pork meat. The Asia-Pacific region is anticipated to be fastest growing region is due to introduction of new vaccines, initiatives by various government agencies, animal care associations, and incidence of major key players for growth and development in this region. The Middle East & Africa has the least share of the global porcine vaccines market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the agriculture and animal husbandry sector.

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Segmentation

The global porcine vaccines market has been segmented into type, disease indication, and end user.

By type, the market has been segmented into Inactivated vaccines, Live attenuated vaccines, Toxoid vaccines, Recombinant vaccines, Conjugate vaccines, DNA vaccines.

On the basis of disease indication, the global porcine vaccines market has been segmented into PED (Porcine Epidemic Diarrhea), PRRS (Porcine Reproductive & Respiratory Syndrome), Swine influenza, Aujeszky’s disease (AD), Porcine Circovirus Associated Disease (PCVAD) and others.

The global porcine vaccines market, by end user, has been segmented into Veterinary Hospitals and Hog Production Farm.

Key Players

Some of the prominent players in the global porcine vaccines market are Bayer AG, Bimeda, Inc., Boehringer Ingelheim International GmbH, Ceva Sante Animale, Eli Lilly and Company, Merck & Co., Inc., Sanofi S.A., Vetoquinol S.A., Zoetis, Inc., PBS Animal Health, Aptimmune.

 

albumin (as excipient) market: Outlook Continues to Remain Positive by 2017 – 2027

Market Highlights

The global albumin (as excipient) market is expected to grow at an approximate CAGR of 6.1% during forecast period, 2018–2023.

Rising adoption of recombinant albumin-based drug delivery systems by pharmaceutical and biotechnology companies is one of the key factors driving the albumin (as excipient) market. For instance, in 2014, Novozymes Biopharma DK A/S announced that its albumin-based VELTIS technology is used by GlaxoSmithKline plc in the manufacturing of type II diabetes drug (Tanzeum and Eperzan) in Europe.

Various other factors such as increasing prevalence of chronic conditions, technological advancements, emerging markets in APAC and RoW, rising awareness about albumin as excipient, and increase in usage of albumin for non-therapeutic applications are also expected to propel the growth of the market.

However, the adverse reactions associated with albumin, rising shift toward serum-free solutions, and unfavorable reimbursement policies can hamper the market growth over the forecast period.

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Segmentation

The global albumin (as excipient) market is segmented based on type, application, end user, and region.

The global market for albumin (as excipient), by type is segmented into human serum albumin, bovine serum albumin, and recombinant albumin. The human serum albumin segment is anticipated to hold the largest market share owing to the increasing cases of chronic conditions such as, cardiac disorders, infectious diseases, and others.

Based on application, the market is segmented into drug formulation, drug delivery, vaccines, medical device coating, culture media & stabilizers, diagnostics, in vitro fertilization, and others.

Based on end user, the market is segmented into pharmaceutical & biotechnology industry, academic and research institutes, and others.

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Regional Analysis

The Americas dominated the global market for albumin (as excipient) owing to the rising R&D investments and increasing prevalence of diabetes within the region. According to the 2015 data suggested by the Centres for Disease Control and Prevention (CDC), around 30.3 million Americans were suffering from diabetes.

In 2017, it was estimated that Europe stood second in the global albumin (as excipient) market. This can be attributed to the increasing technological advancements, and rising participation of market players. For instance, in 2016, a Denmark based company, Novozymes launched its recombinant albumin business as a new independent called Albumedix.

Asia Pacific was projected to be the fastest growing region in 2017. Increasing healthcare expenditure drives the regional markets of the Asia Pacific region. As per the data suggested by the Australian Institute of Health and Welfare, from 2015 to 2016, the total health expenditure was USD 181 billion.

On the other hand, the Middle East and Africa held least share in the global albumin (as excipient) market due to inadequate economic development, especially within the African region.

Key Players

Some of the key players in the global albumin (as excipient) market are Albumedix A/S, Albumin Therapeutics, LLC, Baxalta Incorporated, Baxter International Inc., Biotest AG, CSL Behring LLC, Celgene, China Biologic Products, Inc., Grifols International, S.A, HiMedia Laboratories Pvt. Ltd., InVitria, Medxbio Pte Ltd., Mitsubishi Tanabe Pharma Corporation, Octapharma AG, RayBiotech, Inc., SeraCare Life Sciences, Sigma-Aldrich Co. (Merck KGaA), and others.

plasma fractionation market: Latest Trends, Demand and Analysis 2027

Market Highlights

The global plasma fractionation market is expected to grow at an approximate CAGR of 6.5% during forecast period, 2018–2023.

Rising participation of market players is one of the key factors driving the plasma fractionation market. For instance, in 2018, Grifols acquired 24 plasma donation centers in the United States operated by Biotest Pharmaceuticals Corp. for USD 286 million. With this acquisition, Grifols now owns 249 plasma donation centres to increase its supply of plasma proteins used for therapeutic purposes.

Various other factors such as increasing geriatric population, technological advancements, emerging markets in APAC and RoW, rising plasma collection, and increasing prevalence of respiratory and autoimmune disorders are also expected to propel the growth of the market.

However, the emergence of recombinant alternatives, high cost of advanced products, and unfavorable reimbursement policies can hamper the market growth over the forecast period.

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Segmentation

The global plasma fractionation market is segmented based on product, application, end user, and region.

The global market for plasma fractionation, by product is segmented into immunoglobulin, coagulation factor concentrates, albumin, protease inhibitors, and others. The immunoglobulin segment is further classified as intravenous immunoglobulin (IVIG), subcutaneous immunoglobulin (SCIG), and others. The coagulation factor concentrates segment is further classified as Factor VIII, Factor IX, Von Willebrand Factor, Prothrombin Complex Concentrate, Fibrinogen Concentrates, and Factor XIII.

Based on application, the market is segmented into immunology, neurology, hematology, critical care, pulmonology, rheumatology, hemato-oncology, and others.

Based on end user, the market is segmented into hospitals clinics, clinical research laboratories, academic institutes, and others.

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Regional Analysis

The Americas dominated the global market for plasma fractionation owing to the presence of major market players and increasing prevalence of immunodeficiency disorders within the region. According to the 2018 study published in the Allergy, Asthma Clinical Immunology journal, the estimated overall prevalence of immunoglobulin A (IgA) deficiency in the US was approximately 1 in 300 to 1 in 500 persons.

In 2017, it was estimated that Europe stood second in the global plasma fractionation market. This can be attributed to the increasing technological advancements, and rising RD investments.

Asia Pacific was projected to be the fastest growing region in 2017. Increasing healthcare expenditure drives the regional markets of the Asia Pacific region. According to the Australian Institute of Health and Welfare, from 2015 to 2016, the total health expenditure was USD 181 billion. Out of this, USD 69 billion was spent on hospitals, which is a real increase of USD 2 billion from the previous year. During the same years, non-government sources spent USD 55.8 billion on health.

On the other hand, the Middle East and Africa held least share in the global plasma fractionation market due to inadequate economic development, especially within the African region.

Key Players

Some of the key players in the global plasma fractionation market are Bio Products Laboratory (BPL), Biotest AG, China Biologic Products Holdings, Inc., CSL Limited, Green Cross Corporation, Grifols, S.A., Japan Blood Products Organization, Kedrion S.p.A, LFB group, Octapharma AG, Sanquin, Shanghai RAAS, Shire, and others.

 

veterinary equipment and disposables market Size Overview, Opportunities, In-Depth Analysis and Forecasts 2027

Market Highlights

It is estimated that the global veterinary equipment and disposables market is expected to register a CAGR ~ 14.70% with an estimated market value of 1.63 billion during the forecast period of 2018–2023.

Numerous factors such as increasing incidence rate of zoonotic diseases, increased spending on animal health and growing pet insurance is anticipated to fuel the growth of the market. For instance, according to the data published by the World Health Organization (WHO) in 2016, the expenses related to the prevention and control of rabies is estimated at USD 590 million annually in Asia and Africa, whereas the expenses for the prevention and control of rabies in 2015 was USD 545 million in Asia and Africa. However, the lack of awareness regarding animal health, high cost of veterinary equipment, and unaffordability of veterinary services in certain economies is restraining the growth of veterinary equipment and disposables market. For instance, Vet Times UK in 2016 stated that more than 60% of the population in Europe were not aware that vet medicines have a positive impact on the welfare of animals are are some of the factors restraining the growth of this market.

The global veterinary equipment and disposables market is currently dominated by many market players. The key players in the market are involved in new product launches and strategic collaborations to strengthen its market position. For instance, in August 2017, Henry Schein Inc. announced the acquisition of Merritt Veterinary Supplies Inc., an independent supplier of animal health products.

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Regional Analysis

The market in the Americas is expected to dominate the global veterinary equipment and disposables market during the forecast period owing to the increasing per capita animal healthcare expenditure, increase in product innovation, and heavy adoption of new technology in the region. Europe is expected to hold the second largest position in the global veterinary equipment and disposables market. The market growth in this region is because of the presence of a well-established healthcare system and increase in insurance coverage for pets. The growth in the number of animal population coupled with the increase in the number of veterinarians is also contributing to the growth in the region. For instance, according to the facts and figures from the Royal College of Veterinary Surgeons, there were about 19,682 practicing surgeons in the UK in 2014. Asia-Pacific is estimated to be the fastest growing region in the market due to the increased pet adoptions and rise in the number of animal welfare programs. According to the India International Pet Trade Fair, the pet population in India grew from 7 million in 2006 to 10 million in 2014. The market in the Middle East & Africa is likely to account for the smallest share of the global veterinary equipment and disposables market. The market growth in this region owes to the low disposable income in the region.

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Segmentation

The global veterinary equipment and disposables market has been segmented into type, animal type, and end user. The market, based on type, has been segmented into critical care consumables, anesthesia equipment, fluid management equipment, temperature management equipment, research equipment, and rescue and resuscitation equipment. The market, by critical care consumables, has been further segmented into wound management consumables, fluid administration and therapy consumables, airway management consumables, gastroenterology consumables, needles, and others. The market, by anesthesia equipment, has been sub-segmented into anesthesia machines, ventilators, vaporizers, waste gas management systems, gas delivery management systems, and others. The market, by research equipment, has been segmented into lab evacuation systems, and induction chambers. The market, by rescue and resuscitation equipment, has been segmented into resuscitation bags, and oxygen masks.

The market, by animal type, has been segmented into small animals and large animals. The market, by end user, has been segmented into veterinary clinics, veterinary hospitals, research institutes, and others.

Key Players

Some of the key players in the global veterinary equipment and disposables market are B. Braun Melsungen AG, DRE Medical, Digicare Biomedical Technology Inc., Henry Schein, Jorgensen Labs, Medtronic, Midmark Corporation, Patterson Companies, Inc., Smiths Group plc, and Vetland Medical Sales & Services.

 

Healthcare Chatbots Market to Witness Exponential Growth by 2027

Market Scope

Market Research Future (MRFR) studied the global Healthcare Chatbots Market 2021 for the assessment period till 2023. As per MRFR data, the global healthcare chatbots market is expected to expand at 21.10% CAGR over the review period (from 2018 to 2023). By 2023, the global market of healthcare chatbots is expected to value USD 316.85 Mn.

Market Drivers and Restrains

The surge in adoption of automated processes to simplify workflow in the healthcare field is expected to support the expansion of the healthcare chatbots market on a global scale. The introduction of numerous healthcare mobile applications and rise in the number of healthcare providers engaging patients through mobile apps can add to the healthcare chatbots market. Moreover, the growing approved of healthcare chatbots to assist doctors and patients in hospitals and other healthcare settings can work in favor of the market. Chatbots can fetch data of patients and assist them to find and get appointment of potential doctors for stress-free, rapid diagnosis and treatment. The growing prevalence of patients with chronic disorders and the rise in the assistance of healthcare chatbots for virtual assistants on medications to these patients can benefit the market growth in the near future.

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Market Segmentation

The segment study of the healthcare chatbots market is based on component, application, deployment, and end-user.

The component-based segments of the healthcare chatbots market are software and service. The software segment can acquire around 82.1% market share, while the service segment can garner 17.9% share of the global healthcare chatbots market by 2023. The software segment is anticipated to exhibit 21.40% CAGR in the forecast tenure and accrue around USD 264.07 Mn for the worldwide healthcare chatbots market. Software offers relevant and unbiased data with the assistance of disruptive technologies, such as; natural language processing (NLP) and artificial intelligence (AI), can favor the software segment. The services segment is expected to earn USD 52.77 Mn by 2023.

The deployment-based segments of the global healthcare chatbots market are on-premise and cloud. The on-premise segment is likely to secure about 64.6% share of the overall healthcare chatbots market by 2030, whereas the cloud-based segment can retain 35.4% share. The growing awareness about benefits offered by on-premise, such as; efficiency in providing personalized care services, can favor expansion of the market. In addition, the low operational expense with on-premise makes it lucrative for several end-users, thus the segment is expected to earn value of USD 203.36 Mn by 2023. The cloud-based deployment segment of the market can acquire around USD 113.48 Mn by 2023 as it allows easy retrieval of both clinical and non-clinical data of patients from their storage.

The application-based segments of the global healthcare chatbots market are medication assistance and appointment scheduling medical guidance. The segment of medication assistance can garner 85% share, while the appointment scheduling and medical guidance segment can earn 15% share of the global market. The prior segment can earn value of USD 268.60 Mn by 2023 from USD 85.43 Mn in 2017. The growing adoption of medication assistance solutions can be attributed to the growing utility of healthcare chatbots in organizing healthcare records and tackling patient engagement. The appointment scheduling and medical guidance segment can earn USD 48.25 Mn by 2023.

The end-users-based segments of the healthcare chatbots market are patients, healthcare providers, and insurance companies among others. The patient segment can acquire 58.4% market share, following the healthcare providers segment and insurance companies can hold 28.7% and 8.5%, respectively. and others (4.4%). The healthcare providers segment can expand at 21.34% CAGR and earn USD 92 Mn by 2023.

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Regional Analysis

As per MRFR regionals study, Europe is expected to generate USD 129.36 Mn by 2023. The Americas healthcare chatbots market can earn USD 117.18 Mn at 21.46% CAGR over the forecast period and the market in The APAC region is likely to generate USD 60.48 Mn at 21.16% CAGR by 2023. The escalation in investments made to incorporate artificial intelligence and IoT to improve healthcare facilities can benefit the market in these regions. In addition, the adoption of chatbots to build a robust medical infrastructure can also underpin the market in these regions.

Competitive Analysis

Sensely, Inc. (U.S.), Buoy Health, Inc. (U.S.), HealthTap, Inc. (U.S.), GYANT.COM, Inc. (U.S.), Woebot Labs, Inc. (U.S.), Babylon Health (U.K.), Your.MD (U.K.), PACT Care BV (The Netherlands), Infermedica (Poland), and Ada Health GmbH (Germany) are well-established players in the healthcare chatbots market that are listed by MRFR.

 
 

Antihypertensive Drugs Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2027

Market Scope

Market Research Future (MRFR) expects the Antihypertensive Drugs Market to touch a valuation of USD 41,123.2 Million by 2023. MRFR also anticipates the global market to procure a growth rate of 2.73% between 2015 and 2023 (evaluation period).

Major Boosters and Impediments

The heightened rate of cardiovascular disorder rate worldwide, due to evolving demographics and the surge in stroke, and diabetic patients can favor the antihypertensive drugs market in the following years. Moreover, the blossoming elderly population in emerging regions, with reports suggesting a growth of 154% from 2017 to 2050, crossing 1.6 billion by 2050, should also push the demand for antihypertensive drugs. Another growth booster can be the accelerated number of baby boomers prone to a variety of age-related ailments across various countries.

Large-scale funding by the government as well as charitable trusts for stroke prevention, treatment and research in developed countries is likely to bolster the demand for antihypertensive drugs in the ensuing years. The Patient-Focused Drug Development initiative in the United States throws light on the significance of better patient care, helping understand the severity of hypertension and its impact on the patients’ life. People are growing more aware about the treatment options available for hypertension, especially due to these sorts of initiatives that are striving to boost the education level.

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Segmental Status

Therapeutic class, type and distribution channels are the key segments outlined in the market study of anti-hypertensive drugs.

The anti-hypertensive drugs market, with respect to therapeutic classes, caters to calcium channel blockers, beta-adrenergic blockers, vasodilators, angiotensin-converting enzyme (ACE) inhibitors, angiotensin II receptor blockers (ARBs), diuretics, renin inhibitors, and others. Several studies have proven that antihypertensive drugs diuretics and beta blockers are far more effective and cost-effective than other types of therapeutic classes. As a result, these are expected to generate significant demand in the worldwide market over the following years.

Various types of anti-hypertensive drugs available in the global industry are primary as well as secondary. Secondary hypertension is the top segment in the market due to faster diagnosis, quicker detection, escalating thyroid cases, kidney problems, chronic alcohol use, adrenal gland tumors, heart ailments, and more. However, the segment can witness a roadblock in the form of patent expiries such as Actelion’s Tracleer (2015), United Therapeutic’s Remodulin (2014), to name a few.

Distribution channels that sell a variety of anti-hypertensive drugs include retail pharmacy, e-commerce websites and online drug stores, hospital pharmacy, and more. E-commerce websites and online drug stores segment is soaring at a faster pace fastest, thanks to the significant internet usage globally along with the accelerated consumption of smartphones and tablets.

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Regional Study

The key markets for antihypertensive drugs are APAC or Asia Pacific, America, MEA or Middle East Africa and Europe.

Scaling number of hypertension cases in North America indicate an optimistic outlook for the antihypertensive drugs market. Rising demand for prompt and accurate detection and treatment of the condition, and the establishment of a state-of-the-art healthcare infrastructure in the region also add to the value of the anti-hypertension industry. The sales of orthostatic hypotension drugs have been going up, primarily due to rising number of patients afflicted with low blood pressure.

The APAC market is set to capture the fastest growth rate in the near future, mostly due to the rising awareness about the latest antihypertensive drugs and various treatment options available in the market. Striking expansion rate of the life science sector in India, Malaysia and China has been encouraging the market growth as well. Other growth rendering factors can be the increase in alcohol abuse, surging consumption of toxic substances as well as overexertion. The Indian market for antihypertensive drugs shows a lot of promise, in view of the escalating cases in line with the rising consumption of unhealthy food, lack of healthy and balanced diet, bad sleeping schedules owing to unstable working hours leading to hypertension. Such factors amplify the prevalence rate of several diseases such as stroke, chronic kidney disease, heart failure, peripheral vascular disease and more.

Top Firms

Takeda Pharmaceuticals Company Limited, Ranbaxy Laboratories Limited, Inc., Novartis AG, Pfizer Inc., Sanofi S.A., Astra Zeneca plc, Acetelion Ltd, Boehringer Ingelheim, Daiichi Sankyo Company Limited, are some of the top manufacturers of antihypertensive drugs.

Latest News

December 2020

Quantum Genomics, a biotech company specializing in drugs that deal with difficult-to-treat hypertension, has entered a contract with Delpharm, for producing its upcoming clinical series of firibastat tablets.

Lice Treatment Market Emerging Technologies, Competition & Strategies of Key Players, Regional Analysis and Forecast By 2027

The study also offers a brief summary of market valuation, market size, and regional outlook and profit estimations of the industry. Furthermore, the report examines the competitive sphere and growth strategies of leading players in the LICE TREATMENT MARKET

Lice Treatment Market Research Report, by type (pediculosis capitis, pediculosis corporis, pediculosis pubis), treatment (OTC products, prescription medications), distribution channel (online platform, hospitals & clinics) –Global Forecast till 2023

Lice are parasites that grow mostly in the head or pubic areas and feed on human blood. These parasites are increasingly becoming resistant to traditional methods of treatments which has created an urgent need for the development of effective treatment options. Market Research Future (MRFR) has recently published an indepth report on the global Lice Treatment Market and has projected a steady CAGR of 6.5% in the market over the forecast period of 2018-2023. The prevalence of lice parasites contamination is increasing perpetually worldwide which is the prime factor boosting the growth of the lice treatment market. New product launches, elevation in level of awareness, and easy availability of lice treatment products is fueling the growth of the market. Growing R&D activities by pharmaceutical companies to come up effective compounds which can effective kill these more than ever resistant parasites is likely to provide attractive opportunities to the market. Segmentation The global lice treatment market is segmented based on type, treatment, and end user.By type, the lice treatment market has been segmented into pediculosis capitis, pediculosis corporis, and pediculosis pubis.By treatment, the lice treatment market has been segmented into two, i.e., OTC (over the counter) products and prescription medications. The OTC medication segment has been further segmented into permethrin, pyrethrin, and others. The prescription segment has been further segmented into ivermectin, spinosad, malathion, and others.By distribution channel, the lice treatment market has been segmented into hospitals & clinics, retail pharmacies, and online platform.

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Regional Analysis

Region-wise, the lice treatment market has been segmented into the Americas, the Middle East & Africa (MEA), Asia Pacific (APAC), and Europe. The global lice treatment market is led by the Americas. Surging prevalence of Pediculosis Capitis, Pediculosis Pubis, and Pediculosis Corporis in the region has supported the growth of the North America lice treatment market. Rising child population in the region who are more prone to lice are generating demand for lice treatment. Additionally, high healthcare expenditure and availability of favorable reimbursement schemes in the region is supporting the growth of the market. The major market players are present in the Americas are actively engaged in product development and innovation which further aids the expansion of the Americas market. Europe follows the Americas closely and is driven by similar factors as the Americas. A well developed healthcare infrastructure, rising awareness, and rapidly expanding pharmaceutical sector in the region is boding well for the market growth. The APAC lice treatment market is anticipated to expand at the fastest CAGR over the forecast period. High contamination rate of lice and lack of awareness regarding personal hygiene has spurred the demand for lice treatment in the region. Increasing healthcare expenditure and the rising penetration of market players in the region can be credited for the growth of the market. The MEA lice treatment market accounts for relatively least share of the market. Lack of awareness in the underdeveloped countries of the region, especially in Africa and low healthcare penetration is restricting the growth of the lice treatment market. The Middle East accounts for the foremost share of the MEA market. Rising healthcare spending by the governments in the GCC countries, upsurge in awareness, and increasing presence of market players in the region are favoring the market growth in the region.

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Competitive Landscape

GlaxoSmithKline, Omega Pharma, Pfizer, AkzoNobel N.V., Dow AgroSciences LLC, Johnson & Johnson, Topaz Pharmaceuticals Inc., Bayer HealthCare, Elanco, Suven Life Sciences, Sanofi, Insight Pharmaceuticals, Alliance Pharmaceuticals Ltd., and Taro Pharmaceuticals are the key players in the global lice treatment market.Industry Updates February 2019 – ICB Pharma, a company specializing in the field of pest innovations, crop protection, and other fields of healthcare, announced the launch of a new headlice product – Nitolic Head Lice and Nits Treatment Kit. The product is free from pesticide and is capable of eliminating all active development stages of head lice in 60 minutes. Moreover, the product is formulated to kill the new generation of lice known as super lice which are resistant to traditional methods.

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Medical pendant Market Size Industry Insights, Top Trends, Drivers, Growth and Forecast to 2027

Global Medical Pendant Market Research Report Information by Product (Fixed Pendants, Fixed Retractable Pendants, Single Arm Movable Pendants, Double & Multiarm Movable Pendants, Accessories), Application (Hospital, Clinics, Others), and Region – Forecast To 2023.

Medical pendant Market refers to the robotic equipment used in the latest operating theatre that can control all functions seamlessly, using the computer-assisted configuration software. Functions that these pendants can perform include correct positioning of terminal units, delivery of medical gas & medicines, and specialty and electrical services.

Over the last couple of years, the global medical pendant has continuously been rising with the increasing need for low-risk and safe workspace for the medical workforce. Moreover, the augmenting demand for medical pendant systems in operation theatres and intensive care units is escalating the market on the global platform.

Considering the phenomenal upsurges, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global medical pendant market will garner a value of USD 149.01 MN by 2023 registering a 7% CAGR throughout the forecast period (2017-2023).

Additional factors triggering the demand for medical pendants include the useful results achieved in the areas of surgery and endoscopy and technological advancements and innovations allowing medical systems to move on a press of a button. Also, factors such as the advancements in robotic technology and the increasing number of robotic surgeries are further influencing the market growth.

On the other hand, factors such as the high cost of medical pendant systems are impeding the growth of the market, restricting their uptake.

Global Medical Pendant Market – Segments

For ease of understanding, the MRFR analysis has been segmented into three key dynamics: –

By Product                         : Fixed Retractable Pendants, Fixed Pendants, Single Arm Movable Pendants, Double & Multi-arm Movable Pendants, and Accessories among others.

By Application : Hospital and Clinics among others.

By Regions                         : North America, Europe, Asia Pacific, and the Rest-of-the-World

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Global Medical Pendant Market – Regional Analysis

The North American region heading with the presence of a large number of key players will retain its dominance over the global medical pendant market. Factors such as the presence of world-class healthcare infrastructure, superior healthcare practices, advanced facilities, and strict mandates from the regulating authorities drive the medical pendant market in the region. Also, increasing governmental support for the development of new pendants and R&D activities required for the same are some of the factors propelling the growth in the regional market.

The region is a hub for technology and witnesses constant advancements which is a key reason why North America has improved access to technology that allows the region to have the upper hand in the market. Moreover, the availability to develop advanced technologies alongside the presence of well-established infrastructure that enables a suitable environment for the development as well as the early implementation of advanced technologies helps to increase the size of the market to an extent.

The medical pendant market in the European region is another lucrative market, globally.

The market is predominantly led by robust healthcare penetration and high per capita income in the region.

Besides, additional factors such as the increased funding and the support from the public & private sectors for R&D activities and the resurging economy in the region that is playing a vital role in growing consumers purchasing power are providing impetus to the growth of the regional market. Germany with its flourishing medical devices market dominates the regional market whereas, the UK medical pendant market accounts for the second-significant market in the region.

The Asia Pacific medical pendant market is rapidly emerging as a profitable market, globally. Factors such as the vast technological advancements and the high uptake of these advanced technologies foster the growth of the regional market. Some of the technologically sound countries such as India, China, South Korea, and Japan are innovating technologically advanced pendants which as a result is keeping the APAC at the forefront of the competition.

Global Medical Pendant Market – Competitive Analysis

Highly competitive, the medical pendant market appears to be fragmented due to the presence of many large and small-scale players. They make substantial investments in R&D to develop advanced pendants. High growth opportunities that the market demonstrates are attracting several new entrants to the market, intensifying the competition further in the already fiercely competitive market.

These players also incorporate strategic initiatives such as collaboration, acquisition, expansion, partnership, and product & technology launch to gain an edge over their competitors, maintaining their positions in the market.

Major Players:

Key players leading the global medical pendant market include Ondal Medical Systems GmbH, Skytron LLC, Megasan Medikal, MEDIMAXKOREA, Elektra Hellas S.A., Tedisel Medical, Starkstrom, Brandon Medical Co. Ltd., Surgiris, and BeaconMedæs among others.

Industry/ Innovation/ Related News:

September 17, 2018 —- New Scale Technologies, Inc. (the US), a leading global technology company involved in designing, developing, and manufacturing custom precision motion systems for medical and other markets announced that of its division – New Scale Robotics has received Universal Robots certification for its NSR-PG-10-20-UR Precision Parallel Gripper. Universal Robots certification confirms that the smart gripper is fully compatible with UR collaborative robots and meets all published specifications.

Teachable finger positions that can move to the desired positions and set using the UR teach pendant is one of the key features of the NSR-PG-10-20-UR precision parallel gripper. The gripper’s small size, high precision, and seamless integration ensure return on investment for our customers. The NSR-PG smart gripper is intended explicitly for small robots and small parts. Or the collaborative robots that intricate part handling, measurement, sorting, and assembly.

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Wound Care Biologics Market Size: Development, Growth, Trends, Demand, Analysis and Forecast 2027

The Wound Care Biologics Market report further elucidates primary business obstacles and growth prospects within the forecasted timeline, while examining the current competition and key to hold an edge in the Wound Care Biologics Market.

Overview:
The global report with details of the Wound Care Biologics Market is slated to garner 9.9% CAGR during the forecast period of 2018 to 2023. Market Research Future (MRFR) made several assessments to get to the core of the factors and realize how the market may shape up in the coming years.Among various factors, the global market for wound care biologics is expected to make a profit from the growing technological inclusion in the process, increasing advancements in technologies, a surge in cases related to burn and trauma, rising investment in the healthcare sector, and others.

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Segmentation:
The global market for wound care biologics market, as per the reports of MRFR analysts, has been segmented into wound type, product type, and end user. This segmentation provides a detailed description of various factors and puts extra emphasis on figures that would back the global market growth.By product type, the global market report on the wound care biologics has been segmented on the basis of biological skin substitutes and topical agents. The biological skin substitute segment was the largest segment in 2017 and is supposed to grow with the fastest speed in the coming years. By wound type, the global report on the wound care biologics market digs deep into studied regarding surgical traumatic wounds, ulcers, and burns. The ulcers segment includes pressure ulcers, venous leg ulcers, diabetic foot ulcers, and others.By end user, the study involving the wound care biologics market has been segmented into ambulatory surgical centers, hospitals, and clinics. The hospitals segment would get better traction with an increased focus on better patient facilities.

Regional Analysis:
The American market for wound care biologics will dominate the global market. The region will benefit from easy technological inclusions and a constant influx of revenues. The US and Canada would enjoy more profit due to their superior infrastructure. In the Asia Pacific region, the growth will be massive, with various emerging countries showing a hike in their investment for the healthcare sector.

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Competitive Analysis:
The global market for wound care biologics is all set to get benefits from the strategic movements initiated by companies like Wright Medical (US), Integra Lifesciences Corporation (US), Smith Nephew (UK), MiMedx Group (US), Mölnlycke Health Care AB (Sweden), Anika Therapeutics (US), Vericel Corporation (US), Solsys Medical (US), ACell (US), Marine Polymer Technologies, Inc. (the US), Kerecis (Iceland), Osiris Therapeutics (US), and Organogenesis (US). The latest proceedings, involving these companies, have been recorded in the market report to simplify the strategy-developing process of the market. These strategies span across segments like mergers, acquisitions, joint ventures, and other diverse types of collaborations that improve portfolio and creates opportunities for expertise-sharing. Other factors like an increased investment for the research and development sector, boost for innovations, launching strategies, are in line to help the market in coming up with an accurate growth chart. MRFR recorded these proceedings to dig deep into the competitive landscape and ease the strategy developing procedure.

Industry News: In April 2020, Carmell Therapeutics made an announcement that they have received the Fast Track designation to expedite and accelerate their program involving their product, Bone Healing Accelerant (BHA). This will be reviewed under a Biologic License Application (BLA). The company is showing signs of elation as this will boost the business for its innovative Plasma-based Bioactive Materials (PBMs). The purpose of this technology is to accelerate bone and soft tissue healing. The wound healing segment is also expected to get proper traction from this approval.

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healthcare supply chain management market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2027

According to Market Research Future (MRFR), the global healthcare supply chain management market is projected to register a CAGR 8.2% from 2018 to 2023 (forecast period). The report provides an exclusive insight into the effect of COVID-19 on the healthcare supply chain management market. The detailed review offers information on the effect of the outbreak on demand and supply conditions, trends, and projections of the healthcare supply chain management industry.

Supply-chain management is a process that includes the planning, design, execution, control, and monitoring of the movement of various products and services to create efficient logistics infrastructure, increase net value, synchronize demand and supply of goods to measure performance.

 

Market Dynamics

The key drivers of healthcare supply chain management are growing globalization, expanding industry, rapid product life cycle, growing fragmentation of the healthcare sector, the high economy of scale, and others. In addition, the need for vital life-saving devices and other critical healthcare supply chain management to avoid the spread of COVID-19 pandemic and provide optimal treatment for the infected also widens globally, thus boosting the market’s growth. The other factors responsible for market support are growing consumer demand, growing innovation, rising development capabilities, and others.

Nonetheless, factors such as lack of awareness, low innovation, high maintenance and installation costs, integration issues can limit the growth of the market.

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Market Segmentation

The global market for healthcare supply chain management has been segmented into models, functions, delivery mode, software, technology, and end-users.

Based on models, the global market for healthcare supply chain management has been segmented into build-to-order, make-to-stock model, continuous replenishment model, chain assembly, and others.

Based on function, the global market for healthcare supply chain management has been segmented into forecasting and planning, warehousing and distribution, inventory management and procurement, internal logistics, and operations, reverse and extended logistics, and others.

Based on delivery mode, the global market for healthcare supply chain management has been segmented into on-premise, web-based, and others.

Based on software, the global market for healthcare supply chain management has been segmented into planning tools and execution tools. The planning tools are further divided into forecasting and inventory management, supplier and vendor management, production and sales planning, and others. Execution tools are further divided into warehouse management, order processing, status tracking, and others.

By technology, the global market for healthcare supply chain management has been segmented into a barcode, radio frequency identification (RFID), global positioning system (GPS), internet of things and big data, and others.

Based on end-users, the global market for healthcare supply chain management has been segmented pharmaceutical and biotech companies, logistics companies and distributors, healthcare providers, and others.

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Regional Analysis

The global market for healthcare supply chain management has been segmented, by region, into the Americas, Asia Pacific, Europe, and the Middle East and Africa.

The Americas are anticipated to dominate the global market for healthcare supply chain management due to the advanced healthcare industry, the involvement of a large number of top biotech and pharmaceutical firms, government initiatives, growing technical advancements, and increasing demand for medical devices. In the International Trade Administration’s 2016 report, according to figures from the Government Accountability Office (GAO), the US generated nearly USD 45 billion by exporting medical devices in 2015. Exporting medical devices and raising a substantial amount of revenue help the management of the supply chain in the healthcare sector.

Europe is poised to hold the second-largest spot on the global healthcare supply chain management market. As per the European Commission, published in June 2017, Europe is one of the world’s leading exporters of pharmaceuticals and medicinal products. In 2016, Europe also accounted for EUR 144 billion by exports of pharmaceutical products worldwide. Improved imports and exports for related health products will expand the demand for health care supply chain management in the region.

The Asia Pacific is projected to be the fastest-growing region on the market due to the increasing prevalence of chronic diseases and increased demand for pharmaceutical products and medical devices. Increasing investment in the healthcare sector is also expected to accelerate the growth of this market.

The Middle East and Africa has the smallest share of the market. The healthcare supply chain management market in this region is projected to be dominated by the Middle East region due to the advanced healthcare industry and increasing government initiatives in the healthcare sector.

 

Key Players

The key participants identified by MRFR in the global healthcare supply chain management market are SAP (Germany), Infor (US), Oracle (US), GHX (US), TECSYS (Canada), McKesson (US), Manhattan Associates (US), Jump Technologies (US), JDA Software (US), LogiTag Systems (Israel), Advocate Health Care (Murray, UT), and others.

 

Dravet syndrome Market : In-Depth Research Report 2019 – 2027

Dravet syndrome market research information: by type of seizures (myoclonic, partial, absence seizures), diagnosis (MRI, EEG, SCN1A testing), treatment (seizure medications, ketogenic diet, vagus nerve stimulation), end-user – Global forecast till 2023

Dravet syndrome is a rare epileptic disorder affecting infants. The patient has seizures which are triggered by hot temperatures or fevers. It is also known as severe myoclonic epilepsy of infancy (SMEI). According to the National Center for Advancing Sciences, nearly 15-25% of the cases of the disorder have a family history of febrile seizures or epilepsy. The global Dravet syndrome market report by Market Research Future (MRFR) has been compiled by a blend of primary and secondary research.

Market Overview

The global Dravet syndrome Market is expected to magnify its valuation at 8.5% CAGR from 2017 to 2023 (forecast period). The increase noticed in the health expenditure for research and development (RD) and development of new therapies are primary factors expected to drive the market growth. Other major drivers include reimbursement policies offering coverage of rare diseases, improvement in regulatory framework, and unmet medical needs of patients.

Adverse effects of the drugs, low awareness of the disease, and low planning of healthcare in low and mid income countries are some of the restraints which can impede market growth.

Segmentation

The global Dravet syndrome market is segmented on the basis of the type of seizures, diagnosis, treatment management, and end-user.

On the basis of the type of seizures, it is classified as myoclonic seizures, atonic seizures, partial seizures, absence seizures, tonic clonic seizures, photosensitive seizures, and others.

On the basis of the diagnosis, it is segmented as magnetic resonance imaging (MRI), electroencephalography (EEG), SCN1A testing, and others.

On the basis of the treatment management, the market is segmented into seizure medications, ketogenic diet, vagus nerve stimulation (VNS), and others. The seizure medications segment is further classified into clobazam, stiripentol, sodium valproate, and others.

On the basis of the end-user, the global Dravet syndrome market is segmented into pharmaceutical companies, hospitals, diagnostic laboratories, academic and research institutes, and others.

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Regional Analysis

The Americas, Europe, the Middle East Africa (MEA), and Asia Pacific (APAC) are the major segments according to region.

The Americas are presumed to dominate the global market till 2023 due to the increased healthcare budget by governments in the region for the welfare of their patients. Presence of large number of players and continuous development of drugs due to ongoing clinical trials are other drivers of the region.

Europe, on the other hand, can enjoy massive demand due to support by government for research and development and initiatives taken by them to improve existing reimbursement insurance policies.

The APAC region is likely to witness the fastest growth due to developments in healthcare technology, drug developments undertaken by contract research organizations, and a large patient pool. The large health expenditure is an indicator of the growth of the global Dravet syndrome market in the region. According to the Australian Institute of Health and Welfare, the health expenditure in Australia was 170.4 billion in 2015-2016.

The MEA region can showcase dull growth due to poor medical infrastructure and low awareness among patients.

Competition Outlook

Ovid Therapeutics, OPKO Health Inc., Zogenix, Inc, Biocodex, Biscayne Neurotherapeutics, Takeda Pharmaceutical Company Limited, Sage Therapeutics, Xenon Pharmaceuticals, INSYS THERAPEUTICS, INC., Epygenix Therapeutics, Inc., Thermo Fisher Life Technologies, PTC Therapeutics, GW Pharmaceuticals, plc, and Cyberonics, Inc. are the biggest players in the global Dravet syndrome market.

Industry News

Fintepla, a drug developed by Zogenix for the treatment of Dravet’s, has been approved by the U.S. FDA due to new clinical data supporting its efficacy. The results produced by the Childhood Neurology Society have produced new evidence which have been the culmination of an ongoing clinical trial with patients under the age of six

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and Wherever Required We Will be Considering Covid19 Footprints for a Better Analysis of Markets and Industries. Cordially Get in Touch for More Details.